Obama - Hurry This May be Your Last Chance to Refi at Current Rates

[HARP Eligibility]

Obama - Hurry This May be Your Last Chance to Refi at Current Rates President Obama, Announces FHA Refinancing to Get Less Expensive ... (At Least For the Remaining Months of His Administration!) Lower FHA rates in an age of generally rising interest rates ... paradoxical? Outgoing President Obama doesn't think so and announced, in a controversial move, that FHA Refinancing rates will stay low during the remaining months of his administration, bucking the Fed's general trend of rising interest rates: The program is designed, for now, to help 800,000 existing U.S. homeowners to take advantage of the lowered rates in 2016, and to get 250,000 new homeowners into a dwelling of their own at rates that should actually be much higher, if it weren't for Obama's initiative. Can you qualify for the program? FHA-Approved lenders have joined together with a free refinance calculator to help you estimate your new payment (also works for new homewowners):